Ch $01$: Assignment $-$ Understanding the Financial Planning Process

Step Number Step in the Process

As your personal circumstances change, redefine your goals and revise your plans and strategies.

Develop the financial plans and strategies needed to achieve those goals.

Implement your financial plans and strategies.

Develop and use financial statements to evaluate the results of your plans and budgets.

Define your financial goals.

Develop and implement budgets to control your progress toward your goals.